Procter & Gamble to Invest $250 million in Mexico

Procter & Gamble Mexico has committed $250 million U.S. dollars to the construction and development of their new production center in Irapuato, Guanajuato. The center will produce Gillette razors and razor blades, and will create 1,700 direct jobs, and 700 indirect jobs. This will make the new Procter & Gamble Production Center the largest in its field in the world. This brings the number of plants Procter & Gamble has in Mexico to nine, several of which are in Guanajuato.

In keeping with its corporate identity of being a good citizen in Mexico, the new Procter & Gamble Production Center will be able to boast of being certified as a green building. The water it uses will be used efficiently and, by collecting rainwater and treating waste water, it will not discharge any industrial wastes into the sewer system. In addition, the lighting system will use as much solar energy as possible. Worldwide, in 2008, Procter & Gamble registered a total revenue of 10.6 billion dollars.

The jobs that are being offered at the new Procter & Gamble Production Center are good jobs that are competitive with parallel positions around the world.. Most of the jobs that are currently posted are in engineering and for manufacturing supervisors. Realizing that Mexico now has a surplus of young college graduates in engineering, they are offering entry level engineering jobs for students who are graduating early and/or who have experience in the manufacturing industry. The company pays benefits and promotes from within, which bodes well for the development of employee loyalty and long-term careers with the company.

For those who are interested in investing in Mexico, Guanajuato is an excellent investment destination. It is only about 150 miles north of Mexico City and is home to former President Vicente Fox, who is also a former governor of the state. During his tenure, he traveled the world and brought such industrial giants as General Motors, Procter & Gamble, Celanese, Reebok and Nestle to his state. He also opened state offices in Hong Kong, New York, Los Angeles, Dallas and Chicago. He provided matching funds to help returning immigrants to set up their own businesses and forged a joint program with Microsoft to train Guanajuato’s university students in software development. These activities helped to set the stage for multiple Procter & Gamble plants in Guanajuato and an ever increasing standard of living for the people who live there. This has created a self-perpetuating environment that is conducive to profits in business, industry and real estate, which is why investors continue to flock to Guanajuato in droves